International
Liberty Mutual Finishes Out 2014 Strong, But Catastrophe Losses Grow
Liberty Mutual Holding Company finished out 2014 with gains in net written premium, net income and an improved combined ratio. But catastrophe losses jumped substantially due to costs from a number ...
Greenberg Says Starr Well-Positioned to Leverage Opportunities in Cuba
Starr Companies is "well-positioned" to help clients take advantage of opportunities made available by recent U.S. regulations easing restrictions on travel to Cuba, according to Starr International ...
Amlin and Hiscox Assert They’re Big Enough to Stay Independent
Lloyd's of London insurers Amlin Plc and Hiscox Ltd. both said they have enough scale to stay independent and see no need to find a buyer amid a flurry of deals in the industry. Both insurers ...
Regulatory Vetting Prompts One-in-10 to Decline Financial Leader Jobs in U.K.
More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis. People put forward for chief ...
Banking Cyber Theft Ring Targeted Millions of PCs in Asia and the U.S.
A cybercrime operation that stole banking information by hacking more than 3 million computers in Indonesia, India and other countries has been disrupted by European police with assistance from three ...
Allianz P/C Earnings Hit Below Expectations
German insurer Allianz raised its dividend by less than expected after earnings in its core property and casualty insurance businesses lagged and asset management stalled following client defections ...
More Job Cuts Coming to RSA as Uncertainty Over Outlook Spooks Investors
RSA Insurance Group Plc's Stephen Hester delivered a full-year profit, restored dividends and stepped up cost cuts that will result in more job losses. The shares still tumbled more than 5 percent in ...
XL Group Predicts More Global Regulations When Catlin Deal Concludes
XL Group Plc, the insurer that agreed to buy Catlin Group Ltd. for about $4 billion, said it faces a risk label after the deal that could lead to increased oversight from global regulators. ...